Direct Energy Regulated Services Announces Electric Rates for December 2022

CALGARY, Alberta, Dec. 01, 2022 (GLOBE NEWSWIRE) — Direct Energy Regulated Services (DERS) has announced default electric rates for December 2022. The Regulated Rate Option (RRO) sets the rate per kilowatt hour that regulated customers pay for electric energy in the ATCO Electric service territory. The rates are adjusted each month to reflect the price that DERS pays to buy energy on behalf of customers. The method DERS uses to set the RRO rates have been verified and approved by the Alberta Utilities Commission.

The energy rate for December is approximately 24% higher than the energy rate charged last month. A typical residential customer consuming 600 kWh per month would see approximately a $27.09 or 10% increase in the total amount of their bill compared to last month.

Rate Class Market Cost of Electricity (cents/kWh)
Residential 21.768
Commercial 21.663
Industrial 21.427
Farm (Includes REA) 21.671
Irrigation 21.208
Oil & Gas 21.499
Lighting 20.415

Further information on regulated rate option and a complete list of competitive retailers can be found on the Alberta government’s customer choice website at: www.ucahelps.gov.ab.ca .

Contact:

Estefania Joy

Direct Energy, Communications Specialist

Cell: 1-832-588-3634 [email protected]


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